Financial Disclosure Modernization Act

Refreshed 4 h ago

Introduced 2026-02-11Topic: governance ethics

Summary

AI-generated summary, report an error

This bill changes the dollar ranges that federal officials use when reporting income and asset values on required financial disclosure reports. For income such as dividends, rents, interest, and capital gains, it replaces the current top category with new ranges running from over $5 million up to over $1 billion. For other reported amounts and values, it replaces the current top category with new ranges running from over $50 million up to over $1 billion. The changes would apply to reports required to be filed on or after the date the bill becomes law.

Full text and official record on Congress.gov

Action history

Date	Chamber	Action	Status effect
2026-02-11	House	Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on House Administration, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.	refer
2026-02-11	House	Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on House Administration, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.	refer
2026-02-11	House	Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on House Administration, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.	refer
2026-02-11		Introduced in House	introduce
2026-02-11		Introduced in House	introduce

Summary

Sponsors

Action history